Abbott Northwestern Hospital Foundation logo

Abbott Northwestern Hospital Foundation

MINNEAPOLIS, MN EIN: 04-3643816 Website

THE MISSION OF ABBOTT NORTHWESTERN HOSPITAL FOUNDATION IS TO RAISE, STEWARD AND DISBURSE FUNDS FOR THE BENEFIT OF ABBOTT NORTHWESTERN HOSPITAL AND THE COMMUNITIES IT SERVES. THE FOUNDATION IS A SEPARATE NOT-FOR-PROFIT ENTITY DEDICATED TO SUPPORTING THE HOSPITAL AND IS GOVERNED BY A SEPARATE BOARD. ABBOTT NORTHWESTERN HOSPITAL IS THE TWIN CITIES' LARGEST NOT-FOR-PROFIT HOSPITAL. EACH YEAR, THE HOSPITAL PROVIDES COMPREHENSIVE HEALTH CARE FOR MORE THAN 200,000 PATIENTS AND THEIR FAMILIES FROM THE TWIN CITIES AREA AND THROUGHOUT THE UPPER MIDWEST. THE HOSPITAL IS ROUTINELY NAMED IN NATIONAL RANKINGS OF THE NATION'S BEST HOSPITALS, INCLUDING BEING NAMED IN U.S. NEWS AND WORLD REPORT'S "AMERICA'S TOP 50 HOSPITALS" LIST FOR TEN CONSECUTIVE YEARS. ABBOTT NORTHWESTERN HOSPITAL IS A PART OF ALLINA HEALTH SYSTEM, A FAMILY OF HOSPITALS, CLINICS AND CARE SERVICES.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$1.1M

-87.6% YoY

Grant Count

8

-20.0% YoY

Avg Grant Size

$133K

-84.5% YoY

About Abbott Northwestern Hospital Foundation

Based on IRS filings

Abbott Northwestern Hospital Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2022. In 2022, it awarded 8 grants totaling $1.1M. Net investment income was $388K.

Ready to take the next step with Abbott Northwestern Hospital Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Minneapolis

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7M$15M$22M$29M202020212022
Metric202220212020
Total Assets$113,856,259$101,132,691
Revenue$1,364,520$16,235,794$26,668,324
Expenses$1,420,852$10,567,500$7,122,896
Qualifying Distributions
Net Investment Income$388,405$3,724,979$8,275,035
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$9M2 grants202010 grants20218 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2022

ALLINA HEALTH SYSTEM(DBA…$355KALLINA HEALTH SYSTEM(DBA…$273KALLINA HEALTH SYSTEM(DBA…$200KALLINA HEALTH SYSTEM(DBA…$98KALLINA HEALTH SYSTEM(DBA…$93KALLINA HEALTH SYSTEM(DBA…$21KALLINA HEALTH SYSTEM(DBA…$20KALLINA HEALTH SYSTEM(DBA…$5K

Grant Size Distribution

20 grants across all recorded years

4<$50K3$50–100K4$100–250K5$250–500K$500K–1M3$1–5M1$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Allina Health System(dba Abbott Northwestern Hospital) ($355,272), Allina Health System(dba Abbott Northwestern Hospital) ($272,552), Allina Health System(dba Abbott Northwestern Hospital) ($200,000).

RecipientPurposeAmount
ALLINA HEALTH SYSTEM(DBA ABBOTT NORTHWESTERN HOSPITAL) MINNEAPOLIS, MNEMPLOYEE, STAFF AND RESIDENT RESEARCH, EDUCATION AND TRAINING.$355,272
ALLINA HEALTH SYSTEM(DBA ABBOTT NORTHWESTERN HOSPITAL) MINNEAPOLIS, MNGENERAL OPERATION SUPPORT INCLUDING VIRGINIA PIPER CANCER INSTITUTE PATIENT CARE AND TRANSPORTATION SERVICES, RESIDENT, ADMINISTRATION, SOCIAL WORKER AND COMMUNITY SERVICES PROGRAMS.$272,552
ALLINA HEALTH SYSTEM(DBA ABBOTT NORTHWESTERN HOSPITAL) MINNEAPOLIS, MNFUNDING FOR CARDIOVASCULAR RESEARCH INTERN PROGRAM.$200,000
ALLINA HEALTH SYSTEM(DBA ABBOTT NORTHWESTERN HOSPITAL) MINNEAPOLIS, MNFUNDING TO SUPPORT ABBOTT'S PHILLIPS EYE INSTITUTE ACCESSIBILTY PROGRAMS.$98,024
ALLINA HEALTH SYSTEM(DBA ABBOTT NORTHWESTERN HOSPITAL) MINNEAPOLIS, MNFUNDING TO SUPPORT FREE CARE PROGRAMS FOR PATIENTS TO HELP WITH MEDICAL AND RECOVERY BILLS.$93,428
ALLINA HEALTH SYSTEM(DBA ABBOTT NORTHWESTERN HOSPITAL) MINNEAPOLIS, MNEQUIPMENT FUNDING FOR PATIENT NAIL CARE, SAFETY RESTRAINTS AND ROOM MAINTENANCE.$21,294
ALLINA HEALTH SYSTEM(DBA ABBOTT NORTHWESTERN HOSPITAL) MINNEAPOLIS, MNFUNDING FOR LEADLESS PACEMAKERS AND DEFIBRILATORS RESEARCH STUDY.$20,380
ALLINA HEALTH SYSTEM(DBA ABBOTT NORTHWESTERN HOSPITAL) MINNEAPOLIS, MNCARING FOR COLLEAGUES PROGRAM$5,480

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
ANN MADDEN RICESVP-PRESIDENT ANW2
RICHARD MEYERDIRECTOR/PRESIDENT40
JEAN WATSON MDDIRECTOR2
LINDA KETOVER MDDIRECTOR/CHAIR/PAST CHAIR2
LEE AROSTEGUI MDDIRECTOR2
CONLEY BROOKSDIRECTOR/TREASURER2
BARBARA BURWELLDIRECTOR/VICE CHAIR2
JEANNE COOKDIRECTOR2
KRISTINE FORTMAN PHDDIRECTOR2
BERIT FRANCISDIRECTOR2
THOMAS GUNDERSONDIRECTOR2
MARTHA HEADDIRECTOR2
BENJAMIN JAFFRAYDIRECTOR2
MUMTAZ KAZIM MDDIRECTOR2
MEGAN GIVENS LAATSCHDIRECTOR2
TODD LIFSONDIRECTOR2
MARTHA MACMILLANDIRECTOR2
MICHELLE MILLERDIRECTOR/SECRETARY2
DAN O'LAUGHLIN MDDIRECTOR2
JESSE OVERTON IIDIRECTOR2
JASON PAULNOCKDIRECTOR/CHAIR2
ROB SITDIRECTOR/VICE CHAIR2
JULIE VANDERBOOMDIRECTOR2
RAYMOND YUDIRECTOR2
RICHARD MAGNUSONCFO2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Abbott Northwestern Hospital Foundation?

Abbott Northwestern Hospital Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. It holds — in total assets as of 2022.

Where does Abbott Northwestern Hospital Foundation operate?

Abbott Northwestern Hospital Foundation has awarded grants in Minnesota.

What size grants does Abbott Northwestern Hospital Foundation award?

In 2022, Abbott Northwestern Hospital Foundation awarded 8 grants totaling $1.1M — an average of about $133K per grant, based on its IRS Form 990 filings.

What is Abbott Northwestern Hospital Foundation's EIN?

Abbott Northwestern Hospital Foundation's EIN (Employer Identification Number) is 04-3643816. IRS Form 990 filing data is available on this page for 2020–2022.

Explore Open Grants

Browse active grant opportunities in Abbott Northwestern Hospital Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Abbott Northwestern Hospital Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Abbott Northwestern Hospital Foundation to a real strategy.

Plan your approach